For Kangjia, the best outcome is naturally that Xinke Computer abandons the acquisition. There are a lot of Hong Kong stock technology companies, why hang yourself in my Shanghua family?

The Six Ears Fund is rich, but those who have money may not all be capricious, not to mention that this acquisition is dominated by Xinke Computer Company. A premium of 50% to 100% is a reasonable acquisition cost, and an acquisition that exceeds this cost cannot be said to be successful.

So for Pang Zhou, how much is he willing to pay for Shanghua Technology? This is the information that Kang Yiwen wants to find out the most, but unfortunately, no one knows this bottom line.

Liu Hui hopes that Xinke Computer can be successfully listed, and after Xinke Computer is listed, the stock price will go out of a wave of rising market, which is almost obvious. Many high-level managers in the company, even low-level project managers and programmers in key positions, have received a lot of allotments.

As soon as it goes public, ST Computer will immediately be able to produce tens or hundreds of hundreds, hundreds of thousands, or even millionaires on its books.

Although the allotment of shares can only be dividends and cannot be sold, the subscription shares held by a group of high-ranking officials and dignitaries in the city are really valuable. How many people's net worth can all count on him this time.

In addition, it is more important to enable Xinke Computer to regain its core strength.

Yes, the position of ST Computer has been declining year by year over the years. In the case of Liu Hui, he was only the manager of the marketing department of the Imperial Capital Research Institute of the Panhan Research Institute, and he had a fairly good software marketing team, but it was only a few dozen people.

Because his subordinates touched Zhou Shuo's moldy head, he was transferred to Xinke Computer Company in half of the "distribution".

What is the size of ST Computer? Nothing else. Just doing software outsourcing business, there is a turnover of 50 million US dollars a year. If you add in the growing custom outsourcing and ERP software business. As well as the domestic software market vigorously developed by Liu Hui, ST Computer Company even achieved a turnover of 1 billion yuan in 1996.

Deduction of costs and dividends. The company still has a surplus of 200 million RMB. In such a big company, to put it mildly, how can he Liu Hui sit in the position of manager?

But even so, all the top management of the Pan Han Group knew that ST Computer was rapidly being marginalized. It's not that it can't make money, or that it's getting smaller, it's that it's growing technologically in a state of weakness.

In the past, Xinke Computer Company was the brainchild of Zhou Shuo, and there were many technical experts in it, and the technology they developed. It is the foundation of the growth of Panhan Group to today.

But now, many promising projects in ST Computer have been successively placed in other wholly-owned subsidiaries of the Fanhan Group. For example, Qiujun's WPS and other software projects, such as computer game projects, such as embedded system projects, once these projects are somewhat improved, they will be independent to set up a company.

Until the end, the main business route of ST Computer was completely limited to software outsourcing and ERP business. Strategically. It is already a dead land with no future.

Liu Hui's most urgent hope is that the company will gain a certain degree of autonomy after going public and be able to carry out new software research and development directions. Although he has always been an advocate of the market being king. But after all, I have worked in the Panhan Group for so long, and I have been infected by the supremacy of technology. Without new technology, it will be difficult for the company to develop new profit growth points in the future. Once the old market shrinks. Where is the way out for these people?

So, be sure to list! Only listed. Only then can Xinke computer have a way to live and hope. This is his most urgent desire.

But even Liu Hui, who is so eager to get the opportunity to go public, saw the 100,000 sell orders of 18 Hong Kong dollars per share listed on the stock market, and his face couldn't help but turn white.

There is only a gap of 4 Hong Kong dollars from the bottom line of his acquisition. No matter how eager he is to acquire Shanghua Technology, Liu Hui will not agree to pay a premium of more than 100%. You must know that this is the acquisition of Shanghua Technology by Xinke Computer Company, not the Six Ears Investment Fund, which is not bad for money. HK$1.28 billion is equivalent to more than US$167 million, which is more than ST Computer's ability to pay.

"Eat it, then list it, and acquire Shanghua Technology for 19 Hong Kong dollars."

Pang Zhou didn't have a trace of nervousness, for him this was just a warm-up game after halftime, and it was really not too much trouble to buy a company for one or two hundred million dollars.

"Mr. Pang, why don't we slow down......" Liu Hui swallowed his saliva and said worriedly: "With the current market, there is no need for such a radical acquisition. When the decline in the Hong Kong stock market affects Shanghua Technology, it should be able to collect a part of the shares from retail investors at a lower price. ”

Pang Zhou smiled lightly, looked at Liu Hui and said, "Mr. Liu, don't be impatient, just wait, just wait a little longer." ”

"I don't know, what are you waiting for?" Liu Hui was really up and down in his heart, and he was a little frightened by the crazy stock price. In his eyes, what he saw was clearly that the other party was determined to acquire Shanghua, and unscrupulously pulled up the stock price, wanting to take advantage of the fire to rob.

Pang Zhou pointed to a pair of rattan chairs and coffee tables by the window of the large room, and said with a smile: "Let's sit down and talk slowly, the other party should think about it this time." ”

Liu Hui looked at the large-screen TV hanging on the wall, and sure enough, after waiting for a long time, no new large-scale transactions appeared, but from time to time there was a ten-hand or hundred-hand selling order, which couldn't make any waves at all. He followed Pang Zhou and sat down on a wicker chair. This rattan chair is made of a very artistic level, not only does it look antique and full of natural charm, but it also fits his waist completely when he sits down, and there is no uncomfortable feeling at all.

But this unique rattan chair did not attract his attention at all, and as soon as he sat down, Liu Hui hurriedly asked Pang Zhou for advice.

"Mr. Pang must have a plan in his heart, but I don't know if I can learn a thing or two?"

Pang Zhou smiled and waved his hand. He asked Liu Hui: "Has Mr. Liu ever played bridge?" ”

"Bridge?" Liu Hui was stunned for a moment, and didn't understand why he suddenly turned to this topic, but he still said truthfully: "I've heard of it, but I don't know how to play, and I usually play with landlords or something." ”

"Oh, I've been in the United States for a few years, but I can't play landlord if I want to." Pang Zhou laughed at himself regretfully, and then said: "There are many ways to play bridge, but there will be a process of bidding. Roughly speaking, it is similar to the process of fighting the landlord to start bidding, but there are some differences. I won't talk about the specific gameplay, the key is this bidding, which is called the conditions for the final victory. ”

Liu Hui is not stupid, and he can even be said to be a very flexible person, otherwise he would not be able to mix well in the marketing market. Pang Zhou nodded slightly, and he immediately came to his senses: "So Mr. Pang and the major shareholders of Shanghua Technology were bidding before?" ”

"Almost."

Pang Zhou nodded, admired Liu Hui's comprehension, and said with a smile: "I bid for 11 Hong Kong dollars, and he replied for 13 Hong Kong dollars and 20,000 hands." This is a test to see if the Kang family, who has mastered Shanghua Technology, has the will to make a move. ”

"Then they called back 13 Hong Kong dollars and 20,000 hands, what does it mean?"

"There are two questions here, one is why 13 Hong Kong dollars? Second, why 20,000 hands? ”

Pang Zhou said confidently: "13 Hong Kong dollars, why not 12 Hong Kong dollars or 14 or 15 Hong Kong dollars?" The Kang family is sending a war letter, 13 Hong Kong dollars, and if you have the ability, you will just face it. ”

"Just frontal?" Liu Hui knows that this is a dialect and understands its meaning, but what does it mean here?

"Well, if the Kang family calls 12 Hong Kong dollars, it's too slimy, and they just want to fight with us. If it exceeds 13 Hong Kong dollars, it means that he wants the lion to open his mouth to scare people away directly, but he shows his timid heart. It's 13 Hong Kong dollars, and this price is conveying the message 'I dare to sell, do you dare to buy?' ’。 ”

"As for the figure of 20,000 hands, it is also easy to understand. 3.4% of the shares, less than four, is clearly a 'small meaning'. ”

"Uh-" Liu Hui blinked his eyes and said, "Can you explain it like that?" ”

"Hehe, that's pretty much what it means, it's just 20,000 hands, and neither of us has paid attention to it." Pang Zhou relaxed for a moment, took a sip of water from the teacup on the coffee table, and then said: "But in addition to this meaning, I believe that the Kang family should not know that I saw another meaning. ”

"Is there another meaning?" Liu Hui This is really a five-body investment, who would have thought that just to convey such a few meanings, in the market is hundreds of millions of funds changing hands, this is too exciting!

Pang Zhou's eyes lit up, and he smiled excitedly: "That's right, the Kang family doesn't dare to refuse my acquisition, which in itself shows that they don't have absolute control in their hands!" No, it should be said that in the hands of retail investors and investors in the market, there may be more than 51% of the shares of Shanghua Technology! ”

He didn't give Liu Hui a chance to interject, and then said: "Then I called 14 Hong Kong dollars per share, this is Ying Zhan." The Kang family is afraid, what are they afraid of? I think they're afraid that I'm going to raise the price to make retail investors happy. But based on the previous evidence alone, I can't be sure, so the first thing is to hide this discovery of mine......"

Liu Hui suddenly realized, and exclaimed excitedly: "Oh, so you called 14 Hong Kong dollars, so that the Kang family believes that you agree to face them head-on." ”

Pang Zhou showed a teachable expression, nodded and smiled: "That's right, but then the Kang family released 18 Hong Kong dollars and 100,000 hands, if according to normal thinking, this is their plan to use the way of Mount Tai to make me retreat." A one-time price increase of 4 Hong Kong dollars, the total price reached 18 Hong Kong dollars, which has exceeded the bottom line of 50% of the general acquisition premium. The Kang family wanted to use this move to deter me, and they were also testing my determination. ”

"So I ate the 100,000 lots of stocks, and called 19 Hong Kong dollars on my backhand, because I had determined that the Kang family had absolutely no enough shares in his hands to control."

Mr. Pang swore and said: "The Kang family is just a turtle in an urn now." (To be continued......)